Scandinavia: Market for Gas and Smoke Analysers 2025

Market Size for Gas and Smoke Analysers in Scandinavia

In 2021, the Scandinavia gas and smoke analyser market decreased by -14.7% to $X for the first time since 2016, thus ending a four-year rising trend. Overall, consumption, however, saw a buoyant expansion. The level of consumption peaked at $X in 2020, and then declined in the following year.

Production of Gas and Smoke Analysers in Scandinavia

In value terms, gas and smoke analyser production contracted to $X in 2021 estimated in export price. In general, production, however, showed prominent growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by 87% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Exports of Gas and Smoke Analysers

Exports in Scandinavia

For the third year in a row, Scandinavia recorded growth in overseas shipments of gas and smoke analysers, which increased by 26% to X units in 2021. Over the period under review, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2019 when exports increased by 38%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, gas and smoke analyser exports skyrocketed to $X in 2021. In general, exports recorded a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden represented the main exporter of gas and smoke analysers in Scandinavia, with the volume of exports recording X units, which was near 56% of total exports in 2021. Denmark (X units) held a 26% share (based on physical terms) of total exports, which put it in second place, followed by Finland (15%). Norway (X units) took a relatively small share of total exports.

Exports from Sweden increased at an average annual rate of +8.9% from 2012 to 2021. At the same time, Denmark (+42.1%), Norway (+24.3%) and Finland (+17.8%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +42.1% from 2012-2021. While the share of Denmark (+22 p.p.), Finland (+3.8 p.p.) and Norway (+2 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Sweden (-28 p.p.) displayed negative dynamics.

In value terms, Sweden ($X), Finland ($X) and Denmark ($X) constituted the countries with the highest levels of exports in 2021, together comprising 94% of total exports.

In terms of the main exporting countries, Denmark, with a CAGR of +13.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2021, rising by 8% against the previous year. In general, the export price, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2013 when the export price increased by 26% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Finland ($X per unit), while Sweden ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+2.1%), while the other leaders experienced a decline in the export price figures.

Imports of Gas and Smoke Analysers

Imports in Scandinavia

In 2021, the amount of gas and smoke analysers imported in Scandinavia reached X units, with an increase of 9.9% against the previous year's figure. Overall, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 68%. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, gas and smoke analyser imports surged to $X in 2021. Over the period under review, imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2019 when imports increased by 22% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the near future.

Imports by Country

Sweden represented the largest importing country with an import of around X units, which recorded 44% of total imports. Finland (X units) ranks second in terms of the total imports with a 23% share, followed by Denmark (17%) and Norway (14%).

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of +19.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) constitutes the largest market for imported gas and smoke analysers in Scandinavia, comprising 41% of total imports. The second position in the ranking was held by Finland ($X), with a 20% share of total imports. It was followed by Denmark, with a 19% share.

In Sweden, gas and smoke analyser imports expanded at an average annual rate of +7.6% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Finland (+10.0% per year) and Denmark (+14.5% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per unit in 2021, surging by 9.8% against the previous year. Over the period under review, the import price, however, showed a abrupt slump. The pace of growth was the most pronounced in 2018 an increase of 20%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Norway ($X per unit), while Finland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (-4.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform